Life & Health Product Development Intern

Job Summary

SCOR, a leading global reinsurer is looking for young smart talents who aspires to have an inspiring and challenging start to their career in the risk industry! We welcome applications from talents who have a zest for living and who are passionate about what they do. 

The selected candidate should be prepared to work in a fast-paced and demanding team environment, and will finish the internship having gained broad experience in various aspects of the product development cycle, product risk management and strategy.

The key project at hand will be to work on and contribute to L&H insurance products research and new product development work within SCOR Life & Health Southeast Asia team (a.k.a. SEA).

Required experience & competencies

• Actuarial experience and past internship experience in Life & Health insurance companies preferred.

• Skills and Personal Competencies:

  • Effective verbal and written communication, time management and organization skills.

  • Ability to comprehend actuarial concepts and insurance product risk mitigations concepts.

  • Ability to think fast and logically.

  • Strong problem solving and analytical thinking ability.

  • Excellent team player and culturally flexible.

  • Other South East Asian languages is welcomed.

Required Education 

• Pursuing bachelor’s degree in actuarial science, mathematics, statistics, economics, finance, or related field with a strong quantitative orientation.

• Preference will be given to candidate who has just completed at least their second year of their actuarial science degree.

Key duties and responsibilities

• Lead life & health insurance product scanning and market research in the various SEA countries of Singapore, Malaysia, Thailand, Vietnam, Indonesia and Philippines.

• Lead and co-ordinate new product development work with the SCOR business underwriters, pricing, underwriting and claims teams.

• Prepare client presentation materials for new product ideas pitching.